Go to end of page
Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.
Page 2 of 2 pages
As to ARod's doctor's opinion ... c'mon, you think the insurance company wouldn't bring out its own un-impeachable medical expert to look at ARod's films? But that's really trivial anyway ... that was a dispute over a minor strain and whether ARod should have been back about a week ago. Any insurance claim will be about the hip.
January 13, 2006: Bagwell is examined by Dr. James Andrews, in Birmingham. [...]
January 27: Based on Andrews' and Astros team physician David Lintner's findings, the Astros file an insurance claim to recoup $15.6m of his $17m salary (91.8%). [...]
April 18: The Astros file suit against Connecticut General Life Insurance Company. Fisher files a 20-page brief with the lawsuit:
"To acquire this disability coverage, the Astros paid $2,409,343 in premiums to CIGNA, The terms of the Policy are relatively straightforward. The Policy provides a schedule of benefits payable to the Astros in the event (a) Mr. Bagwell becomes totally disabled and (b) the terms of and conditions of the Policy are met...In section 2 on page 6 of the Policy, the benefits scheduled for the 2006 regular season that CIGNA, by contract, agreed to pay are $85,748 for each regular season day that Mr. Bagwell misses due to a total disability. Plaintiff has timely presented a claim for these benefits to Defendant. Defendant has denied the claim. Hence, the lawsuit."
December 16: The Astros settle on an undisclosed amount with Connecticut General. Baker Botts' Ty Buthod and McLane's attorney Wayne Fisher released a joint statement that said:
"The Houston Astros and Connecticut General Life Insurance Company have reached an amicable resolution of the lawsuit brought by the club relating to the total disability policy on Jeff Bagwell. The details of the resolution are confidential."
That same day, Bagwell retires:
"Physically, I can not do it anymore. I wish I could. I wish I could continue to play and try to win a World Series in Houston. But I'm just not physically able to do that anymore. ... I feel very blessed to have met all of you, to be part of the Houston Astros for 15, 16 years."
You must be Registered and Logged In to post comments.
Login to Join (0 members)
Page rendered in 0.2976 seconds, 59 querie(s) executed